As a broker, you probably already know how important it is to vet your carriers. You can be held liable if you hire a trucking company that is then involved in an incident while moving freight. When just starting out, you may not be sure of the best way to go about checking each carrier’s
As a freight broker, you are the go-between for shippers and carriers. You might already know that it’s important to require proof of insurance during the carrier selection process. But did you know that even if you have a carrier’s certificate of insurance on file, you might be still be held legally responsible if something
On any given day, freight brokers work with shippers of all types to pinpoint capacity and rates, use load boards to find qualified carriers, and handle mounds of documentation and paperwork. One of the most important pieces of paperwork is the broker-carrier agreement. Once you’ve found a driver to haul your shipper’s freight and both
When it comes to your freight brokering business, what keeps you up at night? Is it finding qualified capacity so you can cover more loads and increase your profitability? Given today’s exceedingly tight capacity and ongoing carrier shortage, it’s no wonder. According to ATA, the trucking industry today needs more than 1.1 million new drivers
Your FMCSA review will involve the examination of “factors” determining your compliance with the regulations. The focus point for a satisfactory review is “documentation.” You may have done what you considered to be the necessary steps to comply but if you failed to document your processes, it will not appear to the inspector that you
Trucks transport more than 11 billion tons of freight each year in the U.S. That is more than 3 million tons shipping every day of the year. While most trailers are hauling full truckloads (FTL), less than truckload (LTL) freight shipping accounts for as much as 10% of industry revenue. LTL freight shipping works well
It is crucial to operate your business using properly insured carriers who are compliant with your business rules. Trying to track down insurance information from carriers or insurance agents can take you hours or days, which can prevent you from doing business. Outsourcing your compliance management to RMIS will help you reduce risk and enhance your business’s
Technology is transforming the logistics space, including monitoring shipments from origin to destination. The visibility in the monitoring of shipments helps hold vendors and suppliers accountable for freight-related carrier violations. However, growth in the logistics industry means that most shippers use several carriers, often depending on what they need to ship at the time. Larger carriers often
Millions of shipments cross the country every year. Most of these shipments are organized by freight brokers and freight broker agents. This overview explores the essential differences between a freight broker, a freight agent, and an independent freight agent. These three roles have a lot in common, but there are significant differences. Read on to
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